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Results (10,000+)
Rick Zink Big opportunity, currently low on cash reserves
19 February 2025 | 9 replies
No lender will lend on a deal that doesn’t make sense.4) After the appraisal comes back you will get a document that outlines the amount to be borrowed and all fees that will be relating to the loan (I would suggest to ask for an example of this document when you are searching for an HML so you will know what fees are going to show up).5) Close the loan at a title company of your choice.6) Begin work and make draws on any repair balance.
Seth Kellow Purchasing Camper Trailer as a Business Expense
7 February 2025 | 0 replies
We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes. 
Simon Walker Just saying hi!
17 February 2025 | 2 replies
Feel free to reach out with any questions about repairs, construction, mechanics, etc, as I am well versed in those fields.
Laura Higgs Duplex Portfolio-Just starting back into RE
7 February 2025 | 6 replies
Quote from @Laura Higgs: The Roi combined for 3 duplexes after repair will have an ROI of 4.47.
Juan Antonio Villagomez Seeking Advice on Rental Property Tax Preparation
20 February 2025 | 9 replies
You can always have an accountant review your return for a lower fee (around $200-$300).Biggest thing: Make sure you’re tracking all deductions (mortgage interest, depreciation, repairs, etc.).
David Shaun Hit $200K in Cash Flow in 2024
18 February 2025 | 43 replies
Looking over your numbers I'm surprised a couple of them are so low - mortgage expenses, repairs and capital expenses.
Cooper Meurer Buy/ Rent Before I Move Cities
13 February 2025 | 2 replies
-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 
Jessica Privitera Ontario, NY Colonial Flip
20 February 2025 | 0 replies
New Roof, Foundation repair, New LDL flooring, Drywall work, New paint, doors, trim, appliances and new full bathroom on the 1st floor.
Kanaam Jones How to get started
20 February 2025 | 1 reply
Have reserves for vacancies, repairs, and closing costs.
Julia Havia Fire damaged properties
20 February 2025 | 1 reply
Make sure your budget accounts for potential unexpected repairs and delays, as these types of properties can sometimes reveal hidden damage during the renovation process.